Overview of Cypress Development's Exploration Projects
Cypress Development Corp. (TSX-V: CYP) is a publicly traded lithium, zinc-silver and gold exploration and development company whose main assets include the ownership and development of several precious and base metal projects. Three projects are located in Nevada, United States and one project is located in Ontario, Canada. The Company is continually searching for high-potential mineral projects to add to its exploration portfolio. Cypress Development's mission is to increase shareholder value by developing exploration projects near world-class deposits that have the potential of becoming new discoveries.
Clayton Valley Lithium Brine Project, Esmeralda County, Nevada, U.S.A.:
Cypress is acquiring a 100% interest in the 1520 acre Clayton Valley Lithium Brine Project located in the heart of the Clayton Valley lithium brine exploration area of Esmeralda County, Nevada. Cypress' Clayton Valley Project is located on the south flank of "Angel Island" and immediately southeast of the Albemarle Silver Peak lithium brine mine. The acquired claims share their western boundary with placer claims controlled by Pure Energy Minerals.
Cypress' highly prospective "Glory" and "Angel" claims are located within 0.5 miles (>1000m) south of current and past producing lithium brine wells belonging to the Albemarle Silver Peak Mine. A planned drilling program targeting lithium rich brines at Cypress' Clayton Valley Project will also include shallow holes targeting wide areas of lithium rich claystones discovered in 2016 at surface.
Alkali Valley Lithium Brine Project, Esmeralda County, Nevada, U.S.A.:
The Company has also acquired a 100% interest in the 1,780 acre Alkali Valley lithium brine project located in Esmeralda County, Nevada. Cypress' Alkali Valley (AV) lithium brine project covers the central and northeast portions of the bottom of the Alkali Lake Playa and is contiguous with claims of the Dajin Resources Alkali Lake lithium project.
Gunman Zinc-Silver Project, White Pine County, Nevada, U.S.A.:
Cypress holds a 100% interest in its approximately 2,300 acre high-grade Gunman Zinc-Silver Project located in White Pine County, northeast of Eureka, Nevada. Five RC drill programs totaling approx. 55,000 feet have been completed by Cypress on the Gunman project with significant near surface grades up to 35% per ton zinc and up to 15.0 oz per ton silver over considerable widths encountered.
McKenzie Island Gold Project, Red Lake, Ontario, Canada:
Cypress Development Corp has a 100% interest in the McKenzie Island gold property, located in the heart of the Red Lake Mining district of Northwestern Ontario. The 4,720 acres, are located adjacent to the west of Goldcorp's Cochenour / Bruce Channel, west of Goldcorp's / Premier Gold's Rahill-Bonanza project, and 5 miles due west of Goldcorp's operating Red Lake and Campbell gold mines.
Robert Marvin, P.Geo., Project Geologist for Cypress Development is the Qualified Person as defined by National Instrument 43-101 and supervised both the project field exploration and the preparation of the technical information on this website.
|Home Corporate Investors Projects News QwikReport Contact|
Copyright © 2016 Cypress Development Corp. All Rights Reserved.